Kinetix is a DeFi center powered by AI, developing the next wave of widespread DeFi adoption. The 2020 DeFi surge marked the birth of decentralized finance, spawning leading platforms in today's Web3 forefront.

By empowering active traders to utilize idle liquidity, DeFi platforms ignited an on-chain renaissance featuring decentralized lending markets, robust order books, bonding curves, synthetic asset platforms, and notably, the Automated Market Maker (AMM) with its sleek user interface.

While the debut of these platforms in 2020 brought new possibilities, it also faced challenges. Alongside diverse use cases, DeFi drove significant increases in on-chain transactions and pushed gas fees to triple-digit levels.

In 2021 and 2022, solutions like sidechains, roll-ups, and Layer 2 networks emerged to meet DeFi's growing demand. Meanwhile, new gas-intensive applications like Web3's perpetual contracts ushered in the second generation of DeFi.

However, for most outside the Web3 community, DeFi has remained overly complex and demanding. Its steep learning curves and specialized terminology have deterred widespread adoption.

Yet, advancements in AI applications have sparked a new phase of Web3 expansion, offering fresh opportunities to support DeFi users seamlessly.

AI-integrated DeFi now emerges as the third and most promising generation of innovative protocols.

With Large Language Models (LLMs) such as OpenAI's ChatGPT gaining traction, DeFi stands at its best chance yet to attract mass market users, providing straightforward, user-friendly tools that build upon the scalable foundation of the second generation. #AltcoinGains #Altcoins👀🚀 #Altcoinseason2024 #Cryptocurrencies #CryptoNewss